Marketing MCQ Retailing Chapter 2 If a retailer has a return on assets of 15 percent and a net profit margin of 3 percent, then its rate of asset turnover is:

If a retailer has a return on assets of 15 percent and a net profit margin of 3 percent, then its rate of asset turnover is:

Retailing Chapter 2

If a retailer has a return on assets of 15 percent and a net profit margin of 3 percent, then its rate of asset turnover is:

a. .20 times.

b. 5.0 times.

c. 15.0 times.

d. 30.0 times.

e. 60.0 times.

Answer: B

Marketing MCQ

If a retailer has a return on assets of 15 percent and a net profit margin of 3 percent, then its rate of asset turnover is:

If a retailer has a return on assets of 15 percent and a net profit margin of 3 percent, then its rate of asset turnover is:

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